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Cholamandalam Investment Q3 net up 5% at Rs 409 cr, disbursements rise 6%

Cholamandalam Investment and Finance Company Ltd (CIFCL), part of Murugappa Group, has reported a five per cent increase in net profit at Rs 409 crore during the quarter ended December 2020, as compared to Rs 389 crore, a year ago. During the third quarter of 2020-21, disbursements rose by six per cent to Rs 7,926 crore from Rs 7,475 crore the previous year, while AUM rose by 16 per cent to Rs 75,813 crore from Rs 65,992 crore Net NPA without Supreme Court s dispensation stood at Rs 1,404 crore vs Rs 937.9 crore, In Compliance with Supreme Court Order, while Gross NPA without SC dispensation was at Rs 2,485.7 crore vs Rs 1,703.3 crore In Compliance with Supreme Court Order.

Stocks in news: Maruti, TVS Motor, IRCTC, GHCL, Cummins, Pidilite, Tata Chemicals

Stocks to watch today on January 29: Maruti, TVS Motor, IRCTC, GHCL, Cummins, Pidilite, Tata Chemicals among others are the top stocks to watch out for in Friday strading session

Financials shares gain

Share Market News Live: Sensex rises 500 points, Nifty at 13,946; HDFC, Indus Ind Bank, Maruti top gainers

Share Market News Live: Sensex rises 500 points, Nifty at 13,946; HDFC, Indus Ind Bank, Maruti top gainers
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

Cholamandalam Investment and Finance Company Limited Q3FY21 consolidated PAT at Rs 409 79 crore

Cholamandalam Investment and Finance Company Limited Q3FY21 consolidated PAT at Rs. 409.79 crore Posted On: 2021-01-29 03:45:44 (Time Zone: Arizona, USA) Cholamandalam Investment and Finance Company Ltd has reported financial results for the period ended December 31, 2020. Financial Results (Q3 FY20-21) - QoQ Comparison The company has reported total income of Rs.2520.48 crores during the period ended December 31, 2020 as compared to Rs.2457.89 crores during the period ended September 30, 2020. The company has posted net profit / (loss) of Rs.409.79 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.434.64 crores for the period ended September 30, 2020. The company has reported EPS of Rs.5 for the period ended December 31, 2020 as compared to Rs.5.30 for the period ended September 30, 2020.

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